FxWirePro: USD/SGD fails to find support above 1.35, intraday bias remains neutral
Apr 04, 2016 00:55 am UTC| Technicals
USD/SGD is currently trading around 1.3492 marks. It made intraday high at 1.3511 and low at 1.3477 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3552 levels. On the...
FxWirePro: USD/CAD intraday upside momentum strong after oil prices decline
Apr 01, 2016 18:49 pm UTC| Technicals
USD/CAD strongly inched higher on Friday breaking the psychological barrier at 1.3000 as the oil-correlated Canadian weakened against US dollar on Friday day following positive US non-farm payrolls data and 4 percent drop...
FxWirePro: USD/JPY reverses recent rally, bias back to downside
Apr 01, 2016 17:28 pm UTC| Technicals
The USD/JPY pair sunk sharply towards lower levels on Friday, hitting as low as 115.15, level last seen 1 week ago as mixed US economic data attracted investors back in safe heaven Japanese yen. The Japanese yen...
FxWirePro: Gold slides more than 1 percent, scope for further downside
Apr 01, 2016 16:07 pm UTC| Technicals
Gold fell more than 1 percent on Friday as US payrolls data for March beat expectations, putting pressure on the yellow metal which bottomed around 1208 levels. The positive economic data cooled fears about the health...
FxWirePro: GBP/USD dips below lower range, bearish bias increases
Apr 01, 2016 15:01 pm UTC| Technicals
The GBP/USD has slipped back sharply, to trading in lower range, shedding more than 150pips to hit low at 1.4170 levels as the British pound weakened after better than expected Non-farm payrolls data. The cable is...
Apr 01, 2016 14:57 pm UTC| Technicals
Weekly technical briefing: The pair could not hold onto major supports at 0.9823, 0.9776 and now at 0.9652 levels, as a result you could see bearish candles with big real bodies. The current prices have slipped below...
FxWirePro: AUD/USD bounces off lows, but more downside expected
Apr 01, 2016 14:32 pm UTC| Technicals
AUD/USD declined to trade in lower range on Friday as strong US Non-farm payrolls data strengthened the green back against its Australian peer. Adding to the Aussie decline was also due to further fall in Crude oil...
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